Digital content & Related technologies

Russian authorities vs. Twitter: Threat of censorship over, or just over for now?

May 27, 2014

The Russian government demonstrated earlier this month that it not only knows how to obstruct Internet freedom, but also uphold it. A high-level government official who appeared to have threatened to block Twitter in Russia has been officially reprimanded. Maxim Ksenzov, the Deputy Director of Roskomnadzor, the Russian telecom market watchdog, complained on May 16 …

Russian authorities vs. Twitter: Threat of censorship over, or just over for now? Read More

Russian e-commerce leader Ulmart invests $6.5 million in Dream Industries to develop digital content platforms

May 26, 2014

Interest in the fast-growing Russian digital content market received further confirmation this past Friday with the announcement of a $6.5 million investment by Umart, Russia’s number one online retailer, in Dream Industries, a Moscow-based developer of digital content platforms. The move came just one week after e-commerce pioneer Ozon acquired a stake in Russia’s e-book …

Russian e-commerce leader Ulmart invests $6.5 million in Dream Industries to develop digital content platforms Read More

Medvedev on Russia’s response to the West’s “Soviet” approach to business

May 20, 2014

Russian Prime Minister Dmitry Medvedev has spoken out on a number of internet and business related issues in a wide-ranging interview with Bloomberg’s Ryan Chilcote. In the run up to the St Petersburg Economic Forum, which will go ahead without many Western CEOs warned by their governments to stay away, Medvedev accuses the West of …

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TMT Investments injects $200,000 into Israeli startup Drippler

May 19, 2014

In early May TMT Investments, a UK-headquartered venture fund backed by Russian businessmen, announced the completion of a $200,000 investment in Israeli startup Drippler, in exchange for a 1.86% share. Drippler is a mobile and web-based discovery service helping people adopt everyday technology in an easy and interactive way. Drippler provides users with daily tech …

TMT Investments injects $200,000 into Israeli startup Drippler Read More

Ozon acquires stake in LitRes, the leading Russian e-book store

May 16, 2014

Yesterday Ozon Holdings, one of Russia’s most established e-commerce players, announced that it acquired a stake in LitRes, the leader in Russia’s fast growing – though still embryonic – domestic e-book market. Neither the size of the stake nor the amount of the transaction has been disclosed. Ozon presented the deal as a way “to further …

Ozon acquires stake in LitRes, the leading Russian e-book store Read More

On the blogosphere, in classrooms and across Internet service providers, Russian authorities introduce new restrictions to Internet freedom

May 12, 2014

The Russian-language Internet, which had remained an area of relatively free expression until recently, may soon see its landscape thoroughly reshaped. Haunted by newly resurrected images of the West as an adversary both on and offline, the federal authorities are putting together a package of new internet restrictions, which opposition-minded observers see as the prelude …

On the blogosphere, in classrooms and across Internet service providers, Russian authorities introduce new restrictions to Internet freedom Read More

Fastlane Ventures raises $1.4 million to turn how-to website into “knowledge sharing social network for millions of users”

May 8, 2014

In late April, Relevant Media, a project of Internet startup developer Fastlane Ventures, raised $1.4 million from a group of undisclosed individual investors. With its three properties – the “how-to” portal Kakprosto.ru, women’s site Justlady.ru, and Pinterest clone Pinme.ru, – Relevant Media claims an audience of 18 million unique visitors, making it one of the 10 largest Russian Internet media …

Fastlane Ventures raises $1.4 million to turn how-to website into “knowledge sharing social network for millions of users” Read More

Russian startup raises $300,000 to match artists, music lovers and labels

April 29, 2014

Moscow Seed Fund, the venture arm of the Moscow city authorities, and Altair Capital, the seed-stage fund of serial angel investor Igor Ryabenkiy, have invested $200,000 and $100,000, respectively, in Mix Upload company. This Russian startup is developing a portal to help listeners, musicians and labels find each other and to monetize creative product. The …

Russian startup raises $300,000 to match artists, music lovers and labels Read More

Moscow Seed Fund injects $210,000 into educational game publisher Mersibo

April 23, 2014

Moscow Seed Fund, the venture arm of the Moscow city authorities, has invested 6 million rubles (approximately $210,000) in Mersibo, a developer of online educational games for children. The funds will be used to strengthen staff, develop mobile versions and create new games. The startup is also considering international expansion. It plans to release a …

Moscow Seed Fund injects $210,000 into educational game publisher Mersibo Read More

Russian calorie intake tracker makes crowdfunding splash at Indiegogo

April 22, 2014

HealBe, a St. Petersburg-based startup, has won the hearts of crowdfunders at Indiegogo.com with GoBe, its wearable device for automatic calorie intake measurement. A campaign that started on March 5 with a fairly unassuming goal of raising $100,000 largely for promotional purposes drew to a close last Tuesday with $1,084,311 – all of it available to …

Russian calorie intake tracker makes crowdfunding splash at Indiegogo Read More

Is Crimea part of Russia? – Answers found on Facebook, Vkontakte, Yandex differ; Wikipedia changes its mind

April 11, 2014

Three weeks after Russia asserted that Crimea and the city of Sebastopol have become part of its territory, Facebook and Russian-language social network Vkontakte still categorize the inhabitants of these regions as being located in Ukraine. Meanwhile, two other major social networks, Odnoklassniki (Classmates) and Moi Mir (My World), have already classified them as being part …

Is Crimea part of Russia? – Answers found on Facebook, Vkontakte, Yandex differ; Wikipedia changes its mind Read More

Russian VC fund backs Finnish solution for mobile sharing of TV moments

April 11, 2014

GS Venture, the one-year-old venture arm of GS Group, has announced its first international investment. Set up last summer to “support entrepreneurial innovators and startup teams” in Russia, the fund decided to establish presence in Finland with a €200,000 injection into Tellyo, a Helsinki startup. The young Finnish company has developed Share the Moment, a …

Russian VC fund backs Finnish solution for mobile sharing of TV moments Read More

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